RE:RE:Shorts Heading Down…Like many others on this board I believe SU is on its way to $50 soon. Of course global events and hedge funds will have their say as well. SU has a great CEO and doesn't have to rely on expensive exploration to maintain its production. With TransMountain likely to start its commissioning stage in Q2 or Q3, Canadian Oil should see price difference between WTS and WTI shrink and that too will help all Canadian oil producers.
I believe bright times ahead for both Canadian Oil and NG producers .